Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
BB has been one of those stocks everyone has had their eyes one the past few weeks. We can take a look at BB on the daily chart which is currently sitting on a few supports which I've drawn out for you. We can see it inside the golden zone which is indicated by the blue zone on the fib retracement. There's also a massive S/R line shown in white. The stock is currently trading right above the white line, with the MACD and RSI looking bullish, indicating a possible move up. It does appear that the bears have run out of steam.
This is not Financial advice.
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BB will move whichever way the overall market does. All these short-term TA posts are useless. If SPY crashes, BB will break the $10 support and possibly make its way to $8. If the overall market does well, BB will be steady or bullish. It's really that simple.
bourse7q329f
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@Yoloer2021, agreed buddy, question is : how is the market, bearish or bullish?